The Royal Hotel (TSE:9713) Cyclically Adjusted PB Ratio: 0.55 (As of Aug. 05, 2026) — 41% Below Median

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TSE:9713 The Royal Hotel Ltd TSE:9713
67 GF Score
Price 円906.00
GF Value 円1,079.50
Valuation Modestly Undervalued
! 5 Warning Signs
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What is The Royal Hotel Cyclically Adjusted PB Ratio?

The Royal Hotel TSE:9713 +0.44% 67 Cyclically Adjusted PB Ratio is 0.55 as of Aug. 05, 2026, which is 41% below its 10-year median of 0.94. GuruFocus rates TSE:9713 with a GF Score™ of 67/100 and a GF Value™ of 円1,079.50 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 643 Travel & Leisure companies, The Royal Hotel ranks better than 73.56% on this metric.

As of today (2026-08-05), The Royal Hotel's current share price is 円906.00. The Royal Hotel's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円1,637.52. The Royal Hotel's Cyclically Adjusted PB Ratio for today is 0.55.

The historical rank and industry rank for The Royal Hotel's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:9713' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.94   Max: 1.27
Current: 0.55

During the past 13 years, The Royal Hotel's highest Cyclically Adjusted PB Ratio was 1.27. The lowest was 0.53. And the median was 0.94.

TSE:9713's Cyclically Adjusted PB Ratio is ranked better than
73.56% of 643 companies
in the Travel & Leisure industry
Industry Median: 1.22 vs TSE:9713: 0.55

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

The Royal Hotel's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円1,561.579. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円1,637.52 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Royal Hotel  (TSE:9713) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


The Royal Hotel Cyclically Adjusted PB Ratio Related Terms


The Royal Hotel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Royal Hotel's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Royal Hotel Cyclically Adjusted PB Ratio Chart

The Royal Hotel Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.94 0.75 0.59 0.56

The Royal Hotel Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.61 0.59 0.00 0.56

TSE:9713 vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, The Royal Hotel's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Royal Hotel Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Royal Hotel's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The Royal Hotel's Cyclically Adjusted PB Ratio falls into.


TSE:9713
67GF Score
The Royal Hotel Ltd TSE:9713
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Royal Hotel Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

The Royal Hotel's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=906.00/1637.52
=0.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Royal Hotel's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, The Royal Hotel's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=1561.579/112.7000*112.7000
=1,561.579

Current CPI (Mar26) = 112.7000.

The Royal Hotel Annual Data

Book Value per Share CPI Adj_Book
201703 1,378.856 98.100 1,584.068
201803 1,593.421 99.200 1,810.268
201903 1,881.004 99.700 2,126.270
202003 1,965.537 100.300 2,208.535
202103 1,063.946 99.900 1,200.267
202203 1,570.731 101.100 1,750.953
202303 1,240.212 104.400 1,338.811
202403 1,301.316 107.200 1,368.081
202503 1,406.076 111.100 1,426.326
202603 1,561.579 112.700 1,561.579

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.55 mean?
The Royal Hotel (TSE:9713) has a Cyclically Adjusted PB Ratio of 0.55 as of Aug. 05, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on The Royal Hotel and its competitors. This is 41% below median its historical median of 0.94. Over the past decade, The Royal Hotel's Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.27. According to the industry distribution chart, The Royal Hotel ranks #170 out of 643 companies in the Travel & Leisure industry, placing it in the top 26.4%.
Is The Royal Hotel's Cyclically Adjusted PB Ratio too high?
The Royal Hotel's current Cyclically Adjusted PB Ratio of 0.55 is 41% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.27. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.22. The Royal Hotel's value of 0.55 is 54.9% below this industry median. Based on the distribution chart, The Royal Hotel ranks #170 out of 643 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, The Royal Hotel has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Royal Hotel's Cyclically Adjusted PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, The Royal Hotel ranks #170 out of 643 companies for Cyclically Adjusted PB Ratio. This puts The Royal Hotel in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. The Royal Hotel's value of 0.55 is 54.9% below this benchmark. Historically, The Royal Hotel's own Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.27 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.22, The Royal Hotel has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.22, based on 643 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Royal Hotel's current Cyclically Adjusted PB Ratio of 0.55 is 54.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on The Royal Hotel and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Royal Hotel's current Cyclically Adjusted PB Ratio is 0.55, which is 41% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Royal Hotel stock overvalued right now?
Based on GuruFocus' analysis, The Royal Hotel (TSE:9713) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,079.50, compared to a current price of 円906.00 — trading 16.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.55, which is 41% below median its 10-year median of 0.94 and 54.9% below the Travel & Leisure industry median of 1.22. The Royal Hotel's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For The Royal Hotel (TSE:9713), the current Cyclically Adjusted PB Ratio is 0.55 as of Aug. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Royal Hotel (TSE:9713) Overvalued in 2026?

Based on GuruFocus' analysis, The Royal Hotel stock appears to be undervalued. The current stock price of 円906.00 is trading 16.1% below its estimated GF Value™ of 円1,079.50. GuruFocus considers The Royal Hotel to be Modestly Undervalued.

Key valuation signals for TSE:9713:

  • Cyclically Adjusted PB Ratio: 0.55 (41% below median its 10-year median of 0.94)
  • GF Value™: 円1,079.50 vs. price of 円906.00 (16.1% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 54.9% below the Travel & Leisure median (#170 of 643)

No single metric tells the full story. See the TSE:9713 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Royal Hotel Business Description

Address 5-3-68 Nakanoshima, Kita-ku, Osaka, JPN, 530-0005
The Royal Hotel Ltd is a Japanese company engaged in the hotel industry. The company is a hotel operator providing accommodation, dining, and spa facilities. The company has developed eleven hotels around Hiroshima, Tokyo, and Kyoto.
67GF Score

Get the complete analysis for TSE:9713

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円906.00
Price
円1,079.50
GF Value